Cotton Valley Compression LLC

Original Volume No. 1

Effective Date: 03/03/2006, Docket: RP06-201-000, Status: Effective

Third Revised Sheet No. 2 Third Revised Sheet No. 2 : Effective

Superseding: Second Revised Sheet No. 2

PRELIMINARY STATEMENT

Cotton Valley Compression, L.L.C. (CVC) is a natural gas company which

operates under certificates of public convenience and necessity issued by the

Federal Energy Regulatory Commission (FERC) under section 7(c) of the Natural

Gas Act, issued in Docket Nos. CP99-541, et al., on February 28, 2000 (90 FERC

Paragraph 61,206). These certificates authorize CVC to (1) operate and

maintain an existing natural gas pipeline, together with ancillary facilities

under the 18 CFR Part 157, Subpart A Regulations; (2) substitute one or more

of the three existing leased compressors with leased compressors of greater

horsepower (up to a total of 3,000 horsepower) to augment delivery capacity to

the certificated maximum capacity of 31,000 Dth/d; (3) undertake self-

implementing interstate transportation of natural gas under an 18 CFR Part

284, Subpart G blanket transportation certificate; and (4) construct, operate,

and abandon certain facilities ("self-implementing routine activities") under

an 18 CFR Part 157, Subpart F blanket certificate.

CVC's facilities are located in Washington County, Oklahoma, and consist

of approximately 700 feet of dual 4" diameter natural gas pipe, running

between two different interstate pipelines (low pressure Hogshooter and high

pressure Quapaw pipelines) of Williams Gas Pipelines Central, Inc.,

(Williams), currently 2,680 horsepower of leased compression at the downstream

delivery point into Williams, and appurtenant facilities. CVC provides firm

and interruptible transportation services on a non-discriminatory, open access

basis, consistent with the Commission's Part 284 policy.

CVC's FERC Gas Tariff relies on the Williams' FERC Gas tariff for

General Terms and Conditions, with changes only to reflect CVC's

circumstances. CVC will operate a website on the Internet

(http//www.cottonvalleycompression.com), which will contain three basic

elements: (1) printed text of the basic elements of a tariff specified in

Part 154, Subpart B; (2) electronic "link" directly to FERC's FASTR website

for Williams' General Terms and Conditions, which are incorporated by CVC; and

(3) e-mail link directly to CVC for purposes of asking questions or relaying

operational instructions.

Under its certificates, CVC is required to, and does in this Preliminary

Statement, post of the difference between its maximum certificated level

(31,000 Dth/d) and its firm contracted level of capacity (originally 13,100

Dth/d, but currently 29,458 Dth/d) as available capacity, subject to (1)

prospective shippers executing FT service agreements for a minimum 2-year term

for some or all of this additional capacity, (2) CVC having the requisite

additional compression horsepower installed, and (3) CVC making the requisite

cost adjustment tariff filing to reflected the changed lease costs and

operating capacity.